EURCAD Bullish to Bearish head and shoulders pattern to drop to the pivot point 1.54342.
Left shoulder: price rose followed by a price peak at 1.54941 followed by a decline.
Head: Price rose again forming a higher peak at 1.55262.
Right Shoulder: A decline occurred once again followed by a rise to 1.55112 to form the right peak which is lower than the head.
Left shoulder: price rose followed by a price peak at 1.54941 followed by a decline.
Head: Price rose again forming a higher peak at 1.55262.
Right Shoulder: A decline occurred once again followed by a rise to 1.55112 to form the right peak which is lower than the head.